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corporate governance

Corporate Governance

Sonesta International Hotels Corporation has long considered corporate governance to be important and has a Code of Business Conduct and Ethics (the “Code”) that has been approved and adopted by the Board of Directors of Sonesta International Hotels Corporation (the “Company”). The Code is based on the principle that the directors, officers and employees of the Company, contractors and other agents of the Company (“Covered Persons”) owe a duty to the Company to conduct the Company’s business in an ethical manner that promotes the accomplishment of the Company’s goals. All Covered Persons are expected to adhere to this general principle as well as to comply with all of the specific provisions of this Code that are applicable to them.

The Company expects Covered Persons to act in accordance with the highest standards of personal and professional integrity in all aspects of their activities and to comply with all applicable laws, regulations and Company policies. We must never compromise that integrity, either for personal benefit or for the Company’s purported benefit. In accepting a position with the Company or providing services to the Company, each Covered Person becomes accountable for compliance with the law, with this Code and with all the policies of the Company.

The Company expects everyone to act in full compliance with the policies set forth in this Code and in a manner consistent with the highest ethical standards. Failure to observe these policies may result in disciplinary action, up to and including termination of employment or contractor or other agency arrangement. Furthermore, violations of this Code may also be violations of the law and may result in civil or criminal penalties for you, your supervisors and/or the Company.

We have a Compliance Hotline that allows users to report matters directly to senior management, the Chief Compliance Officer or the Board of Directors. A link to that hotline appears on this page.